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Property profile

172-174 Grand Ave Old Orchard Beach, ME 04064

OFF-MARKET
Commercial real estate
Property ID
US42-0049839
View Sample
880 SF 0.3 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction FRAME
Total area 880 SF
Lot 0.3 ac (13,016 SF)
Zoning code BRD
APN OOBH M:302 B:7 L:9
UPID US42-0049839

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
5 recorded transactions
2026
$2.0M
2022
Price N/A
2022
Price N/A
2019
Price N/A
2005
Price N/A

Zoning & alternative use

BRD · Old Orchard Beach, ME
Zoning description

Zone: BRD, VE Flood Zone, LC, Frontal Dune Acting Chair Ethan Scott introduced Item 3, and asked if there were a representative here tonight. Brad Pineau, design engineer for Gorrill Palmer, the Applicant, then addressed…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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